{
  "id": 1886807,
  "title": "Figure Technology (FIGR) Climbs 13.9% on 3 ‘Buy’ Recos, Stellar Q2",
  "url": "https://urgent.news/2026/08/17/figure-technology-figr-climbs-13-9-on-3-buy-recos-stellar-q2",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T20:02:07.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/figure-technology-figr-climbs-13-200207984.html"
  },
  "original_language": "en",
  "account": "Figure Technology Solutions Inc. (FIGR) experienced a 13.9% jump in share price to $35.81, fueled by three favorable analyst ratings and impressive Q2 earnings. The financial technology company saw a 191% rise in net income to $87.4 million, up from $29.99 million in the same period last year. Simultaneously, net revenues increased by 113% to $225 million, compared to $106 million a year ago. Customer Loan Marketplace (CLM) trading surged by 132% to $4.26 billion, up from $1.838 billion. CEO Michael Tannenbaum attributed the success to a 132% year-over-year volume growth in CLM, adding over 100 origination partners, and expanding the capital-light marketplace, with 65% of volumes now on Figure Connect. The company anticipates CLM volume to reach $4.8 billion to $5.2 billion, a 92% to 108% growth from $2.5 billion in the same quarter last year. For the upcoming quarter, analysts Piper Sandler, Needham, and KBW have renewed their buy recommendations, with price targets at $65, $55, and $45, respectively. These projections reflect upside potential of 82.69%, 54.58%, and 26.48% from the current closing price. Institutional investors also show confidence in FIGR, with the number of hedge funds holding positions increasing from 40 to 51, and their combined holdings rising by 19.3% to $673 million.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}